LONDON, Feb 29 (Reuters) - European shares retreated from a
three-week high on Monday and were on track for their third
straight month of losses after a weekend meeting of the G20
group of leading economies failed to agree new measures to boost
growth.

British grocer Morrisons bucked the wider trend,
surging as much as 6.9 percent after a striking a distribution
deal with online retailer Amazon.

"Investors are disappointed that the G20 leaders fell short
of coming up with new supporting measures despite once again
repeating their concerns about the global economy and financial
markets," said Philippe Gijsels, head of research at BNP Paribas
Fortis Global Markets in Brussels.

The Group of 20 finance ministers and central bankers said
they needed to look beyond ultra-low interest rates to revive
the global economy, flagging risks to growth including volatile
capital flows and sinking commodity prices.
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